Sunoco completes acquisition of convenience store and fuel business
Sunoco has announced the acquisition of the Rattlers convenience store assets and wholesale fuel business from Kolkhorst Petroleum.
This acquisition includes 14 company-operated locations and wholesale fuel supply contracts for a network of independent dealer-owned and dealer-operated locations in the greater Austin, Houston and Waco, Texas markets.
The business distributes approximately 46 million gallons of retail and wholesale fuel annually. As part of the transaction, Sunoco's subsidiary acquired five fee properties and nine leased properties related to the retail business.
This acquisition strengthens Sunoco's existing convenience store and wholesale fuel distribution business in the Central and Southeast Texas markets. Sunoco is a master limited partnership that operates approximately 1,300 retail fuel sites and convenience stores.
